G
Seller's Agent in 2024
Gregg Holland
Coldwell Banker Realty
(410) 524-1203
1 in this area
2 Total Sales
113 79th St Unit 1 Ocean City, MD 21842
Estimated Value: $415,452 - $446,000
2
Beds
2
Baths
900
Sq Ft
$500/mo
HOA Fee
Highlights
- Primary bedroom faces the bay
- Property Fronts a Bay or Harbor
- Coastal Architecture
- Ocean City Elementary School Rated A
- Open Floorplan
- Main Floor Bedroom
About This Home
As of April 2024Do not miis this opportunity to experience breathtaking sunsets at The Ritz! This first-floor end unit provides Southern and West exposure from two spacious decks, ideal for relishing panoramic Bayfront views. Recently updated with newer LVP flooring, tile flooring, stainless steel appliances, and Quartz countertops, this two-bedroom, two-bath unit comes fully furnished. Only two blocks from the beach, with convenient on-site storage and launch space for your Canoe, Paddleboard, or kayak. Includes two off-street parking spaces. Whether it's a beach home or an investment property, indulge in lasting joy with your family.Schedule your showing appointment before it is gone.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,045
Year Built
- Built in 1996
Lot Details
- Property Fronts a Bay or Harbor
- Property is in very good condition
HOA Fees
- $500 Monthly HOA Fees
Home Design
- Coastal Architecture
- Frame Construction
Interior Spaces
- 900 Sq Ft Home
- Property has 4 Levels
- Open Floorplan
- Furnished
- Ceiling Fan
- Window Treatments
- Bay Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary bedroom faces the bay
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Home Security
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
- Off-Street Parking
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 2410358736
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance
- 12 Units
- Low-Rise Condominium
- O C Real Estate Management, Inc Condos
- Ritz Community
Pet Policy
- Pets Allowed
Security
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2024
Closed on
Apr 30, 2024
Sold by
Gittelman Mitchell S and Gittelman Julie E
Bought by
Yohannes Daniel
Seller's Agent
Gregg Holland
Coldwell Banker Realty
Buyer's Agent
Shannon Toback
Keller Williams Gateway LLC
List Price
$435,000
Sold Price
$412,500
Premium/Discount to List
-$22,500
-5.17%
Views
105
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,113
Avg. Annual Appreciation
3.65%
Original Mortgage
$391,875
Outstanding Balance
$386,355
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$46,269
Purchase Details
Listed on
Oct 23, 2020
Closed on
Dec 23, 2020
Sold by
Simmet Brian A and Shafer Patricia A
Bought by
Gittelman Julie E and Gittelman Mitchell S
Seller's Agent
Lauren Hudson
Keller Williams Realty Delmarva
Buyer's Agent
Dustin Oldfather
Compass
List Price
$299,999
Sold Price
$305,000
Premium/Discount to List
$5,001
1.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$244,000
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 13, 2017
Closed on
Oct 27, 2017
Sold by
Smith Todd L and Smith Lola
Bought by
Simmet Brian A and Shafer Patricia A
Seller's Agent
Nancy Reither
Coldwell Banker Realty
Buyer's Agent
Lauren Hudson
Keller Williams Realty Delmarva
List Price
$249,900
Sold Price
$242,500
Premium/Discount to List
-$7,400
-2.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$218,250
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2000
Sold by
Brace Thomas F
Bought by
Smith Todd L
Purchase Details
Closed on
Dec 15, 1999
Sold by
Folstein Michael N
Bought by
Brace Thomas F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yohannes Daniel | $412,500 | Universal Title | |
| Gittelman Julie E | $305,000 | Capitol Title Group | |
| Simmet Brian A | $242,500 | None Available | |
| Smith Todd L | $140,000 | -- | |
| Brace Thomas F | $109,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yohannes Daniel | $391,875 | |
| Previous Owner | Gittelman Julie E | $244,000 | |
| Previous Owner | Sinmet Brian A | $220,000 | |
| Previous Owner | Simmet Brian A | $218,250 | |
| Closed | Brace Thomas F | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $412,500 | -3.1% | $458 / Sq Ft |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 03/26/2024 03/26/24 | Price Changed | $425,888 | -2.1% | $473 / Sq Ft |
| 01/19/2024 01/19/24 | For Sale | $435,000 | +42.6% | $483 / Sq Ft |
| 12/23/2020 12/23/20 | Sold | $305,000 | +1.7% | $339 / Sq Ft |
| 10/25/2020 10/25/20 | Pending | -- | -- | -- |
| 10/23/2020 10/23/20 | For Sale | $299,999 | +23.7% | $333 / Sq Ft |
| 10/27/2017 10/27/17 | Sold | $242,500 | -3.0% | $269 / Sq Ft |
| 09/28/2017 09/28/17 | Pending | -- | -- | -- |
| 09/13/2017 09/13/17 | For Sale | $249,900 | -- | $278 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,747 | $321,000 | $0 | $0 |
| 2024 | $3,747 | $268,500 | $0 | $0 |
| 2023 | $3,036 | $216,000 | $108,000 | $108,000 |
| 2022 | $3,036 | $216,000 | $108,000 | $108,000 |
| 2021 | $3,052 | $216,000 | $108,000 | $108,000 |
| 2020 | $3,052 | $216,000 | $108,000 | $108,000 |
| 2019 | $2,970 | $208,800 | $0 | $0 |
| 2018 | $2,839 | $201,600 | $0 | $0 |
| 2017 | $2,760 | $194,400 | $0 | $0 |
| 2016 | -- | $194,400 | $0 | $0 |
| 2015 | $3,121 | $194,400 | $0 | $0 |
| 2014 | $3,121 | $207,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gregg Holland
-
Shannon Toback
Buyer's Agent in 2024
Shannon Toback
Keller Williams Gateway LLC
(410) 299-9651
3 in this area
86 Total Sales
-
Lauren Hudson
Seller's Agent in 2020
Lauren Hudson
Keller Williams Realty Delmarva
(302) 524-2006
48 in this area
126 Total Sales
-
Dustin Oldfather
Buyer's Agent in 2020
Dustin Oldfather
Compass
(302) 249-5899
115 in this area
1,507 Total Sales
-
Sherry Thens
Buyer Co-Listing Agent in 2020
Sherry Thens
Coldwell Banker Realty
(302) 500-1809
56 in this area
118 Total Sales
-
Nancy Reither
Seller's Agent in 2017
Nancy Reither
Coldwell Banker Realty
(410) 603-5050
186 in this area
296 Total Sales
Map
Source: Bright MLS
MLS Number: MDWO2018486
APN: 10-358736
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